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They do this on behalf of their suppliers or principals. They also may offer additional travel-related services such as insurance and foreign exchange . Throughout the history of the travel agent is has shown an innovative and a forward thinking industry. In the 1960’s greater commission and licensing were introduced. There were also increased levels of information services and specialised products, so agents became more involved in tour operations, organising tours and selling cruises. In the 1970’s the package holidays were the big boom, and in the 1980’s and 1990’s the development of technology gave agencies greater commission rates as well as better technology goods...
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